UAE, Mozambique conclude CEPA negotiations as trade surges

WAM

The UAE and Mozambique have concluded negotiations on a Comprehensive Economic Partnership Agreement aimed at expanding trade and investment between the two countries.

Once ratified and brought into force, the agreement will reduce customs duties, remove trade barriers and improve market access for businesses.

Non-oil trade between the UAE and Mozambique reached around $2.6 billion in 2025, up 91.6 per cent on the previous year and almost five times the level recorded in 2019.

That momentum has continued this year, with non-oil trade reaching $2.5 billion in the first nine months of 2026, a 49 per cent increase compared with the same period last year.

The agreement is expected to support further cooperation in sectors including energy, logistics, agriculture and food security, mining and critical minerals, and manufacturing.

UAE investment in Mozambique already includes XRG’s 10 per cent stake in the Area 4 concession of the Rovuma Basin, while DP World has also been involved in the expansion of the Port of Maputo.

The conclusion of negotiations was announced in Abu Dhabi during a visit by Mozambique President Daniel Chapo.

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